TIDMMBT

RNS Number : 2730L

Mobile Tornado Group PLC

30 September 2016

Mobile Tornado Group plc

("Mobile Tornado" or the "Group")

Directorate Changes

Mobile Tornado (AIM: MBT), the leading provider of instant communication mobile applications to the enterprise market, announces that Abraham ('Avi') Bahram Tooba has been appointed to the Board as Chief Executive Officer of the Group, replacing Jeremy Fenn, who will move to the role of Executive Chairman, replacing Peter Wilkinson, who in turn will move to the role of Non-executive Director, all with effect from 30 September 2016.

As disclosed on 12 May 2016, Avi, 59 years old, joined Mobile Tornado as Chief Operating Officer to lead the Group's technical and operations teams and brings significant experience to the business as we continue to engage Tier 1 MNOs, major global enterprises and public sector bodies. He was previously the senior director of engineering at Motorola Solutions overseeing engineering operations and some 500 engineers at the Israel Design Centre. Prior to that, he was Director of engineering at Motorola Networks which was later sold to Nokia for an estimated US$1 billion.

There are no other matters which are required to be disclosed in accordance with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies.

Jeremy Fenn said: "Avi has had a very positive impact on the Company since his arrival in May. He has strengthened the technical team across all key areas and demonstrated a very clear vision for the business. His experience and credibility in the industry is already bringing results as our level of engagement with new opportunities in both the enterprise and public safety sectors is increasing. I would like to welcome him to the Board and have no doubt that his appointment marks the start of an exciting period of development for the Company and its shareholders."

Avi Tooba said: "Having now spent some time working with our technical platform and engaging with our existing customers, I am confident that we can become a leader in the Instant Communications sector, serving both the enterprise and public sector markets. I have built a technical development plan that will result in the launch of a number of new products over the coming months. From a strategic perspective, Mobile Tornado is well placed to benefit as the market shifts from traditional radio infrastructures to delivery across cellular networks. I look forward to leading the team as we strive to build a substantial communications business."

Enquiries:

 
 Mobile Tornado Group plc        www.mobiletornado.com 
 Jeremy Fenn, Chief Executive    +44 (0)7734 475 888 
 
 Investec Bank plc (Nominated 
  Adviser & Broker)              +44 (0)20 7597 4000 
 Dominic Emery / Carlton 
  Nelson 
 
 Walbrook PR Ltd                 +44 (0)20 7933 8780 or mobiletornado@walbrookpr.com 
 Paul Cornelius 
 Helen Cresswell

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAEAFNNAFAKEAF

(END) Dow Jones Newswires

September 30, 2016 02:02 ET (06:02 GMT)

Mobile Tornado (LSE:MBT)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Mobile Tornado Charts.
Mobile Tornado (LSE:MBT)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Mobile Tornado Charts.